Tuesday, August 23, 2011

Attorney General of NY Is Said to Face Pressure on Bank Foreclosure Deal

New York Attorney General Eric Schneiderman gestures while giving a speech. (photo: Frank Franklin II/AP)]

Gretchen Morgenson, The New York Times
Gretchen Morgenson reports: "Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal."
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